Built in the heart of the Swiss Crypto Valley: Contract Vault is an advanced platform built with blockchain technology that allows users with little or no legal or blockchain knowledge to create, customize, manage and deploy legally-binding conventional and smart contracts.
The Contract Vault marketplace offers users a dynamic ecosystem of powerful templates, advice and services from both legal and blockchain experts.
The future of
The Status Quo
Contracts are hard. Smart contracts aren't truly smart.
The legal services industry is currently entering a phase of deep transformation and smart contracts and blockchain technology are taking the world by storm - but how can lawyers, consumers and corporations reap the benefits of these new technologies?
There are 4 issues with contracts and smart contracts that the Contract Vault platform aims to solve:
Issue #1 - Contract usage
Contract templates are often poorly drafted, out-of-date, unclear, not truly customizable or extensible and require too much legal knowledge to use for average consumers.
Issue #2 - Contract creation
Contract creation is hard, inefficient and tedious, even for legal professionals.
Issue #3 - Smart contracts
Smart contracts are complicated and expensive to implement, inaccessible to non-technical people, can be insecure and are often not legally compliant.
Issue #4 - Access
Access to legal and technical advice for conventional and smart contracts is expensive and hard to obtain quickly.
Contract Vault is the place where this will change.
Anyone can construct contracts on their own and access a wide range of verified, legally-binding conventional and smart contracts. Lawyers can provide advice, get access to secure smart contracts and connect to new customers. Businesses can quickly and efficiently implement (smart) contracts tailored to their needs.
Contract Vault in a nutshell
Contract Vault is a platform that bridges the gulf between legal contracts and smart contracts making the creation, management and integration of contractual processes on the blockchain simple.
It is the solution to get everyone ready for the brave new world of smart contracts - and make them Truly Smart.
Legally-enforceable smart contracts
Use Ricardian Contracts to combine traditional legal contracts with smart contracts, ensuring their legal enforceability and making them Truly Smart.
Through Contract Vault's rich ecosystem of legal advisors, blockchain experts and businesses, users gain access to expert advice, arbitration and mediation.
Our intuitive interface allows anyone to create, test and manage traditional and smart contracts using only a browser or mobile device.
Access, customize and deploy a wide variety of legally and technically audited contract templates. Rate and discuss contract templates or access legal and technical advice directly.
Create your own traditional or smart contracts or modify existing contracts to suit your needs using our visual tools and natural-language processing.
White label solution
Law firms, banks, insurances and other businesses can offer their own white-labelled version of Contract Vault to their customers.
Create any kind of contract, from simple conventional loan agreements to entire Legal-, Insure- or Fintech applications that leverage on-chain and off-chain events.
Our API enables enterprises to create or enhance applications by integrating their existing processes with smart contracts without spending months developing them.
Develop new sales channels
Businesses and service providers gain access to new customers through an opt-in advertising platform which incentivizes users for using their services.
Who is Contract Vault for?
Use professional traditional contracts and smart contracts effortlessly without legal or technical knowledge. Access legal experts and technical advice quickly and easily. Benefit from special offers from our rich ecosystem.
Expand your reach and range of services in the world of legally-enforceable smart contracts. Simplify your existing workflows and optimize conventional contract creation. Bring your services and expertise closer to potential customers by empowering them with easily-accessible content and on-demand advice.
Small business customers
Optimize your business processes by easily connecting smart contracts to your applications. Reduce administrative costs by managing your contractual agreements on the Contract Vault Platform. Bundle our services as an additional benefit to your customers.
The sky is the limit when it comes to the use cases of the Contract Vault platform. Our unique visual editor and markup language supports a wide variety of conventional and smart contracts.
Agreements can be modelled as conventional contracts, smart contracts or a mixture of both. For example, if you lend your car to another party, you can include a security (eg. in the form of tokens) to be transferred by the borrower via a smart contract as a validity requirement for the agreement.
The ability to trigger smart contracts using both on- and off-chain events enables the creation of complete blockchain applications.
Below are just some of the supported or possible use cases:
- Lease agreements
- Loan agreements
- Employment agreements
- Purchase agreements
- Donation agreements
- Commission contracts
- Crowd-funding applications
- Flight-delay insurance applications
- Crowdlending applications
- Token sale (ICO) applications
- Credit agreements
- License agreements
- Matrimonial property agreements
- Insurance contracts and applications
- Lease and rent deposit agreements
- Service contracts
- Multi-person escrow applications
- Time-locked vault applications
The Contract Vault team